In the ever-evolving toolkit of statistical analysis techniques, Bayesian statistics has emerged as a popular and powerful methodology for making decisions from data in the applied sciences. Bayesian ...

Articulate the primary interpretations of probability theory and the role these interpretations play in Bayesian inference Use Bayesian inference to solve real-world statistics and data science ...

One of the goals of statistics is to make inferences about population parameters from a limited set of observations. Last month, we showed how Bayes' theorem is used to update probability estimates as ...